Ithmaar reopens enlarged branch in Bahrain
Ithmaar Bank, a Bahrain-based Islamic retail Bank, has reopened its West Riffa branch after enlarging it to accommodate additional tellers…
Retail Banking
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SAIB Wins Best Banking Loyalty Program Award
AIB -a leader in the banking sector in GCC- have been recognized for the exceptional work carried out, awarded with…
Emirates NBD launches mobile remittance service to India
Emirates NBD, Dubai's biggest bank, has announced the launch of an innovative new remittance service, DirectRemit2 Mobile, that enables account…
Kuwait's Gulf Bank names CFO
Gulf Bank, Kuwait's fourth-largest lender by assets, has appointed Kevin Hoffman-Smith as chief financial officer, it said in a bourse…
EFG Hermes Reports Net Profits of EGP 125 million during 2Q 2015
Despite very challenging market conditions, EFG Hermes continues to deliver strong financial results, with net recurring profits up 38% Y-O-Y,…
UGB announces results for the first half of 2015
Key Financial Highlights Net profit attributable to shareholders of parent of $ 5.2 million 1H14: $ 16.4 million is…
Four Moroccan Banks Among World’s Top 1,000 Banks
The Moroccan banks ranked by the British financial magazine the Banker included: Attijariwafa Bank, Banque Centrale Populaire, BMCE Bank and…
Asset management firms shift focus to unpaid consumer bills
Asset management companies, which have already been de-facto managing the non-performing loans of the ten largest banks in Turkey, have…
Emirates Investment bank first-half profit down 21%
Emirates Investment Bank (EIBank), an independent boutique private and investment bank on Monday reported a first-half profit of Dh27.83…
ALUBAF achieves ISO/IEC 27001:2013 certification
"It is with great pride that we announce our successful achievement of ISO 27001:2013 certification," said Mr. Hasan Abulhasan, Chief…
Alubaf posts net profit of $22.2m
Bahrain-based Alubaf Arab International Bank has posted a net profit of $22.2 million for the six months ended June 30,…
NBAD becomes the first Securities Lending & Borrowing Agent
National Bank of Abu Dhabi, the safest bank in the Middle East and in Emerging markets,has become the first bank…